Alpha Metallurgical Resources
Alpha Metallurgical Resources (NYSE: AMR) is the largest U.S. metallurgical coal producer, operating 19 mines across Virginia and West Virginia and a 65%-owned export terminal in Newport News, VA. It supplies low-ash met coal to steel and coke producers in 19 countries.
- Company typePublic
- Founded2023
- HeadquartersBristol, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Alpha Metallurgical Resources does
Alpha Metallurgical Resources, Inc. (NYSE: AMR) is the largest U.S. producer of metallurgical coal, operating 19 underground and surface mines across Central Appalachia (Virginia and West Virginia) and producing low-ash met coal primarily for the global steel industry. The company sells to domestic and international steel and coke producers across 19 countries spanning five continents, with exports accounting for approximately 73% of coal revenues. Metallurgical coal represents 96% of coal revenues, with incidental thermal coal (4%) produced as a secondary stream.
The company's physical asset base includes a 65%-owned interest in Dominion Terminal Associates (DTA), a world-class export terminal in Newport News, Virginia, providing 14.3 million tons of annual shipping capacity and 1.1 million tons of dedicated coal ground storage. Operations are supported by wholly-owned subsidiaries covering underground mining (Marfork Coal Company, Paramont Contura), surface mining (Republic Energy), terminal operations (Alpha Metallurgical Terminal), manufacturing (Maxxim Manufacturing), and transportation (Maxxim Transportation). Distribution is multimodal across rail, barges, and ocean vessels, with a diversified sales platform that includes trading and logistics for market optionality.
Alpha generates revenue through unit-priced sales contracts with steel and coke producers; for 2026, approximately 48% of metallurgical coal has been committed at an average $132.37/ton. FY2025 coal revenues were $2.12 billion, declining from $2.95 billion in FY2024, against cost of coal sales guidance of $95-$101/ton for 2026. The company is actively returning capital via a $1.5 billion share repurchase program (approximately $1.2 billion deployed through April 2026) and ended 2025 with $524.3 million in total liquidity.
Alpha Metallurgical Resources firmographics
Firmographics- Name
- Alpha Metallurgical Resources
- Legal name
- Alpha Metallurgical Resources, Inc.
- Website
- https://alphametresources.com
- Company type
- Public
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Alpha Metallurgical Resources (NYSE: AMR) is the largest U.S. metallurgical coal producer, operating 19 mines across Virginia and West Virginia and a 65%-owned export terminal in Newport News, VA. It supplies low-ash met coal to steel and coke producers in 19 countries.
- Ownership category
- akta.pro rank
Alpha Metallurgical Resources industry classification
Industry- Product category
- Metallurgical Coal Mining
- NAICS
- Coal Mining (2121), Surface Coal Mining (212114), Coal and Other Mineral and Ore Merchant Wholesalers (42352)
- SIC
- Bituminous Coal & Lignite Mining (1220), Bituminous Coal & Lignite Surface Mining (1221)
- akta.pro primary industry
- Metallurgical Coal Mining (Coking/PCI Coal) (IMAKAIAB)
- akta.pro secondary industries
- Thermal Coal Mining (Steam Coal) (IMAKAIAA), Coal Extraction Operations (Surface & Underground) (IMAKAIAG), Coal Marketing & Trading (IMAKAIAK), Coal Handling, Stockpiling & Loadout Terminals (IMAKAIAI), Coal Preparation & Beneficiation (Washing, Crushing, Screening) (IMAKAIAH)
Keywords
Where Alpha Metallurgical Resources is headquartered
LocationHeadquarters
- HQ city
- Bristol
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Alpha Metallurgical Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Others
Revenue model
- Metallurgical Coal Sales: Alpha Metallurgical Resources generates the vast majority of its revenue from metallurgical (met) coal sales, with metallurgical coal accounting for 96% of coal revenues. The company sells to domestic and international steel and coke producers. Export sales comprise approximately 73% of coal revenues. The company operates 19 mines and has committed and priced approximately 48% of its 2026 metallurgical coal at an average price of $132.37 per ton.
- Thermal Coal Sales: Incidental thermal coal sales as part of the overall coal business, with thermal coal representing approximately 4% of coal revenues. The company expects to ship an additional 0.7 million to 1.1 million tons of incidental thermal coal for a total range of 15.1 million to 16.5 million tons for 2026.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Metallurgical Coal - Domestic |
| Unit Pricing | Multi-year contract | Metallurgical Coal - Export |
| Unit Pricing | Multi-year contract | Thermal Coal |
| Unit Pricing | Multi-year contract | Cost of Coal Sales |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
Alpha Metallurgical Resources product offering
Product offeringCore offering
Alpha Metallurgical Resources produces and sells metallurgical (met) coal extracted from 19 underground and surface mines across Central Appalachia in Virginia and West Virginia, supplying domestic and international steel and coke producers. Metallurgical coal accounts for 96% of coal revenues and exports comprise roughly 73% of revenues, with product delivered via rail, barges, and ocean vessels through the 65%-owned Dominion Terminal Associates shipping and storage facility in Newport News, VA. Incidental thermal coal sales represent the remaining ~4% of coal revenues.
Product overview
Alpha Metallurgical Resources is a Tennessee-based mining company that operates as a single unified mining operation producing metallurgical (met) coal and incidental thermal coal. The company's core product is metallurgical coal, extracted from 19 mines across Virginia and West Virginia (including underground and surface operations such as Kingston Wildcat, Horse Creek Eagle, and Rolling Thunder). A strategic infrastructure asset is Dominion Terminal Associates (65% owned), which provides shipping and ground storage capabilities. The company supplies met and thermal coal products to customers across 19 countries spanning five continents.
Differentiator
Problem solved
Functional benefit
Products and services
- Metallurgical Coal Low-ash metallurgical coal extracted from 19 underground and surface mines across Virginia and West Virginia, supplied to domestic and international steel and coke producers for blast furnace coke production. Metallurgical coal accounted for 96% of coal revenues in 2025.
- Thermal Coal
- Dominion Terminal Associates (DTA) Shipping and Storage Services
Quantifiable outcome
- 14.3 million tons annual shipping capacity at DTA terminal
- +5 more outcomes
Companies that use Alpha Metallurgical Resources
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Alpha Metallurgical Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Alpha Metallurgical Resources partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Dominion Terminal Associates (DTA)coreAlpha holds 65% majority ownership in Dominion Terminal Associates, a world-class shipping and ground storage facility in Newport News, Virginia. DTA provides excellent coal blending capabilities and transportation flexibility with 14.3 million tons of annual shipping capacity and 1.1 million tons of coal ground storage dedicated solely to Alpha. Alpha utilizes the terminal for most of its export shipments.
- WhistleBlower SecurityminorThird-party service managing Alpha's anonymous hotline system for submitting reports about ethics violations, safety concerns, or other issues. Reports are completely anonymous unless the reporter chooses to disclose identity.
- Natural Resource Partners L.P.coreNatural Resource Partners L.P. owns, manages, and leases mineral properties across the United States, with significant exposure to metallurgical coal through royalty arrangements with operators including Alpha Metallurgical Resources. NRP is approaching a near debt-free position with expected free cash flow of approximately $200 million.
Scale indicators13 records
Recent moves6 records
Expansion highlights4 records
Alpha Metallurgical Resources competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Alpha Metallurgical Resources social profiles
Digital presenceAlpha Metallurgical Resources compliance and trust
Trust signalCompliance1 record
Alpha Metallurgical Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alpha Metallurgical Resources leadership team
Management profileNumber of profiles
Profiles1 record
Alpha Metallurgical Resources subsidiaries and ownership
Company hierarchySubsidiaries8 records
Alpha Metallurgical Resources funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alpha Metallurgical Resources M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alpha Metallurgical Resources
What does Alpha Metallurgical Resources do?
Alpha Metallurgical Resources produces and sells metallurgical (met) coal extracted from 19 underground and surface mines across Central Appalachia in Virginia and West Virginia, supplying domestic and international steel and coke producers. Metallurgical coal accounts for 96% of coal revenues and exports comprise roughly 73% of revenues, with product delivered via rail, barges, and ocean vessels through the 65%-owned Dominion Terminal Associates shipping and storage facility in Newport News, VA. Incidental thermal coal sales represent the remaining ~4% of coal revenues.
Is Alpha Metallurgical Resources a public or private company?
Alpha Metallurgical Resources is a public company. It is classified as public and is currently operating.
When was Alpha Metallurgical Resources founded?
Alpha Metallurgical Resources was founded in 2023. It employs 1,001 to 5,000 people.
Where is Alpha Metallurgical Resources based?
Alpha Metallurgical Resources is headquartered in Bristol, United States, in the North America region.
How does Alpha Metallurgical Resources make money?
Two revenue lines are on record. Metallurgical Coal Sales are the primary driver. The others are thermal Coal Sales.
Does Alpha Metallurgical Resources have an API?
No public API is recorded for Alpha Metallurgical Resources.
What industry is Alpha Metallurgical Resources in?
Alpha Metallurgical Resources's product category is Metallurgical Coal Mining. Its primary akta.pro industry code is IMAKAIAB, Metallurgical Coal Mining (Coking/PCI Coal), with a secondary code of IMAKAIAA, Thermal Coal Mining (Steam Coal). Its NAICS code is 2121 and its SIC code is 1220.